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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?


To: Rob C. who wrote (8650)8/2/1999 11:08:00 AM
From: Erik T  Read Replies (2) | Respond to of 20297
 
It seems to me we are either in a downward trend, or forming the lower level of a new symmetrical triangle. If we fall below 29, I think we retest 25. Otherwise I figure we waver between 29 and 32 until we snap either upward or downward. Of concern, EBAY and AOL have already broken down below psychological support of $100, and AMZN is flirting with this level now. YHOO bouncing around at 200 day EMA. If it breaks lower all i-nets may suffer. Anyone see EBAY's chart lately? Quite ugly.

Hoping for big subscriber numbers with earnings, otherwise may be rocky going forward.

Erik (IMHO)

ps--I am an amateur investor, not to be construed as professional advice. Also, I have a bad track record in the past. :-)